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Is Your Business Underinsured? Review These Top Indicators
Is Your Business Underinsured? Review These Top Indicators
Even if you have insurance policies in place to protect your organisation from the worst-case scenarios, this cover won’t be nearly as effective in the event of a claim if you are engaging in an increasingly common business mistake occurring throughout the country—underinsurance. 

Indeed, research from the Royal Institution of Chartered Surveyors revealed that as many as 80...

Running the Risk: SME Top Threats
Running the Risk: SME Top Threats
Over 16 million people are employed in the SME sector, dominating 60 per cent of all private sector employment, according to industry data. These numbers reflect a 26 per cent growth since 2000 in the number of small businesses. However, running a successful SME doesn’t come without risk. 

Here are the top risks facing SMEs, as reported by SMEs: 

* Data loss, misuse or...

Support Your Supply Chain or Suffer Consequences: Here's How
Support Your Supply Chain or Suffer Consequences: Here's How
From the drive-through window to the supermarket shelves, businesses are suffering at the hands of broken supply chains. Earlier this year, the fast-food chain, KFC, disappointed customers across the country when they temporarily closed hundreds of stores due to a chicken shortage. 

Currently, food and drink manufacturers are experiencing tough times from the carbon dioxide shortage, leaving...

Revealed: The Leading Causes of Underinsurance and How to Fix It
Revealed: The Leading Causes of Underinsurance and How to Fix It
No matter how bright the future looks for your business, you never know when disaster will strike. Whether it be a flood or destructive building fire, it is vital to have proper insurance policies to protect your business from any interruptions—especially if you are a SME with minimal financial flexibility. As a result, many businesses purchase business interruption (BI) policies for peace of...

What You Can Learn From KFC's Supply Chain 'Fowl-Up'
What You Can Learn From KFC's Supply Chain 'Fowl-Up'
In February, nearly two-thirds of KFCs across the United Kingdom were closed or offered a limited menu after its new distributor failed to deliver enough chicken on time. 

With no backup plan for how to get more chicken, customers took to social media to vent their frustrations at the fast-food restaurant chain. 

While KFC tried to handle the response with grace and good humour,...

UK Companies’ Top 3 Risks in 2017
UK Companies’ Top 3 Risks in 2017
Each new year brings with it a collection of challenges for businesses to overcome, and 2017 is no different. That is why your company needs to be adequately prepared for this year’s forecast, which includes digital threats and shifting economic conditions. According to a recent industry survey, the following three risks are the most significant and worrisome that UK companies of all sizes will...